Use revenue to manage stock levels and increase profitability The Hospitality Playbook Podcast

Send us a Text Message.SummaryThis conversation discusses the importance of understanding consumption and sales forecasting in order to maximize efficiency in stock management. It highlights the inefficiencies in stock ordering based on guesswork and the need for data-driven decision-making. The conversation also explores the tools and methods to start analyzing sales forecast data, including leveraging POS and backend stock management systems. It emphasizes the five key stages of effective s...